Brand Fit Snapshot
Best for:
Not ideal if:
Similar properties you might like:
Quick assessment - takes 30 seconds
Vaughan Mills, located at 1 Bass Pro Mills Drive in Vaughan, Ontario, Canada, is one of the largest enclosed shopping centres in the country, spanning approximately 1.3 million square feet of gross leasable area. Owned and managed by Ivanhoé Cambridge, it serves as a premier outlet and value-oriented retail destination in the Greater Toronto Area, attracting over 15 million visitors annually due to its strategic position at the intersection of Highways 400 and 7, providing excellent accessibility for local residents and tourists.
The property features more than 220 tenants, with a tenant mix heavily weighted toward discount outlets from brands such as Nike, Adidas, Michael Kors, and Coach, alongside entertainment anchors like Bass Pro Shops, LEGOLAND Discovery Centre, and an AMC cinema. This composition supports high footfall, particularly on weekends and holidays, driven by the region's growing population of 2.2 million within a 20-kilometer radius, characterized by middle-to-upper-income households with an average family income exceeding $100,000.
Occupancy stands at 98% as of 2024, reflecting strong demand in a market with limited outlet space.
Leasing advantages include competitive base rents estimated at $30-50 per square foot annually, plus percentage rents on sales, benefiting from robust sales productivity around $792 per square foot. The mall's market position is bolstered by Vaughan's economic growth, including proximity to Canada's Wonderland and emerging residential developments, though it faces challenges from e-commerce shifts and nearby traditional malls like CF Markville.
Operational quality is high, with modern infrastructure and ongoing investments in digital enhancements and sustainability.
Interested in this property?
Choose how you'd like to proceed
Advertise at this property?
Reach high-intent shoppers across digital screens, atria, and experiential placements.
Hours of Operation
Hours
| Monday | 10:00 AM — 09:00 PM |
| Tuesday | 10:00 AM — 09:00 PM |
| Wednesday | 10:00 AM — 09:00 PM |
| Thursday | 10:00 AM — 09:00 PM |
| Friday | 10:00 AM — 09:00 PM |
| Saturday | 10:00 AM — 09:00 PM |
| Sunday | 11:00 AM — 07:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographics and Accessibility
The trade area encompasses Vaughan and surrounding York Region communities, with a population of about 2.2 million within 20 km, featuring a diverse demographic including 40% visible minorities and a median household income of $95,000. High accessibility via Highways 400 and 7, plus public transit options like York Region Transit and GO Bus, supports annual footfall exceeding 15 million visitors. However, peak traffic can lead to congestion, and reliance on vehicular access poses risks during inclement weather or construction on major routes.
Tenant Mix and Occupancy
Vaughan Mills hosts 220+ tenants across categories like fashion outlets (60%), entertainment (10%), and dining (15%), with anchors driving 40% of traffic. Occupancy at 98% indicates a stable, value-focused environment suitable for discount retailers, but the outlet-heavy mix limits opportunities for full-price luxury brands. Weak categories include electronics, impacted by online competition, while strong performance in experiential retail highlights the mall's tourism appeal.
Market Factors and Risks
In the competitive GTA retail landscape, Vaughan Mills benefits from low market saturation in outlets but contends with nearby centres like Toronto Premium Outlets and CF Fairview Mall. Rent levels range $30-50 PSF base, with additional 5-7% overage on sales above $600 PSF thresholds, offering cost-effective entry for high-volume tenants. Risks include economic sensitivity in tourism-driven traffic and potential infrastructure aging, though recent capital improvements mitigate operational challenges.
Building Details
Detailed Market Analytics
City Snapshot
Vaughan, ON
Comprehensive market intelligence for retail expansion in this city
Other Retail Destinations in Vaughan
Discover more shopping centers in Vaughan.
Popular in Canada
Top retail destinations across Canada.
Interested in this property?
Choose how you'd like to proceed
Advertise at this property?
Reach high-intent shoppers across digital screens, atria, and experiential placements.
City Snapshot
Vaughan, ON
Comprehensive market intelligence for retail expansion in this city
